Business
Why the OceanaGold (ASX:OGC) share price will be on watch on Tuesday
The OceanaGold Corp (ASX: OGC) share price will be one to watch tomorrow following the after-hours release of its fourth quarter and full year update.
What did OceanaGold announce?
According to the release, the company expects to report fourth quarter consolidated gold production of 99,155 ounces for the three months ended 31 December.
This will bring its full year gold production to a total of 301,675 ounces, which is down 36% on the FY 2019 due to the shutdown of its Didipio operation in the Philippines following protests.
OceanaGold achieved this with an all-in sustaining cost (AISC) of US$1,075 per ounce for the quarter and US$1,276 per ounce for the full year. The latter was up from US$980 per ounce in FY 2019.
However, the…
-
Noosa News15 hours agoFrom pigeons and Morse code to satellites and cyberspace: 100 years of the Royal Australian Corps of Signals
-
General20 hours agoIndia launches manhunt for those responsible for deadly attack in India-controlled Kashmir
-
General18 hours agoTrump says peace deal between Russia and Ukraine ‘very close’ as he attacks Zelenskyy
-
Noosa News15 hours ago“I Do My Best Work in the Dark”: Jenna Ortega Gets Creepy and Kooky Again in the First ‘Wednesday’ Season Two Trailer